Upcoming auctions: There are fewer auctions scheduled to take place across the combined capital cities this week, with 2,010 currently being tracked by CoreLogic. In Melbourne, auction activity is much lower week-on-week, with 563 Melbourne auctions scheduled and in Sydney, activity is set to be higher with 968 auctions currently scheduled. This activity also remains […]
About Cameron KusherCameron Kusher is Head of Research at CoreLogic, specialising in primary and secondary data analysis, property market commentary and consultancy. Cameron has a thorough understanding of the fundamentals such as demographics, trends, economics and spacial analysis and is a regular keynote speaker for property-related groups, regulated industry bodies, corporations and the government sectors. Follow Cameron on Twitter @cmkusher
Author Archive | Cameron Kusher
Capital city auction markets record the highest preliminary clearance rate so far this year, reaching 80.2 per cent
Spring is seeing a lift in the auction market. The number of homes taken to auction this week increased to 2,641, compared with 2,443 over the previous week. The preliminary clearance rate of 80.2 per cent is the highest recorded for the year so far, up from 76.2 per cent last week. Over the corresponding […]
In the recently released Financial Stability Review (FSR) the Reserve Bank (RBA) talked about the supply risks surrounding the inner city apartment markets however, they did point to the fact that they see more potential risk in Melbourne and Brisbane. In this blog we explore the differences in pending apartment supply across the key capital […]
Upcoming auctions: A slightly higher number of capital city auctions are scheduled for this week with 2,466 capital city auctions currently being tracked by CoreLogic. In Sydney, the 773 auction scheduled is fewer than last week while in Melbourne auction volumes are set to rise with 1,319 auctions currently scheduled. In both Sydney, Melbourne and […]
It has been another strong week for auction results, with a preliminary auction clearance rate of 77.9 per cent. There were 2,405 auctions held across the combined capital cities. Auction volumes still remain below levels of last year. The clearance rate has remained above 70 per cent since the last week in July. Last week, […]
Upcoming auctions: Auction volumes are set to remain relatively stable this week across the combined capital cities with 2,217 auctions currently being tracked by CoreLogic compared to 2,290 auctions last week. In Sydney, 792 auctions are currently scheduled for this week and in Melbourne there are 1,110 auctions scheduled. In both Sydney and Melbourne auction […]
Earlier this week, housing finance data for August 2016 was released by the Australian Bureau of Statistics (ABS). Over the month there was $31.4 billion worth of housing finance commitments which was -1.0% lower over the month and -5.1% lower than it was at its peak in April 2015. The $31.4 billion worth of commitments […]
Last week the capital city auction markets were quiet due to the Labour Day long weekend which coincided with the AFL and NRL grand finals. Given this, it was unsurprising to see volumes increase substantially this week, with 2,246 held across the combined capital cities. The preliminary clearance rate was 79.2 per cent this week, […]
Earlier today the Australian Bureau of Statistics released the latest building approvals data for August 2016. The data showed that the strength in residential dwelling approvals is continuing. Over the month there were 20,788 dwellings approved for construction which was a moderate -1.8% lower over the month but 10.1% higher than the number in August […]
Demographic data for the March 2016 quarter was released last week from the Australian Bureau of Statistics (ABS). The data showed that over the 12 months the national population increased by 1.4% which translates into an increase of 327,610 persons. Looking at the two components of national population growth, they show that over the year […]
CoreLogic RP Data is Australia's #1 Property Information Provider. Our blog is maintained by CoreLogic RP Data’s research director, Tim Lawless and Cameron Kusher who is CoreLogic RP Data’s senior research analyst. We hope you find the information we post here useful and we welcome your comments and feedback.
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